Repro India Limited has informed the Exchange regarding Outcome of Board Meeting held on February 13, 2026.
REPRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Repro India reported consolidated revenue of Rs. 130.26 crores for Q3 FY26, up about 3.4% from Rs. 125.94 crores in Q3 FY25, but posted a 9-month loss of Rs. 22.04 crores versus Rs. 3.13 crores loss a year ago, hurt by a one-time Rs. 18.05 crores charge for settling a long-standing workers' strike at its Mahape plant. Standalone revenue fell sharply — Q3 standalone revenue dropped to Rs. 59.57 crores from Rs. 72.84 crores YoY (~18% decline). The board also approved selling its non-operational 14,093 sq. mtr. Mahape land parcel to STT Global Data Centres India for Rs. 282 crores, expected to close by April 30, 2026. The auditor issued an unmodified limited review conclusion. Additionally, Independent Director Ms. Bhumika Batra resigned effective the same day citing personal reasons.
The Rs. 282 crore property sale is a major capital allocation event — far larger than the company's market activity and could meaningfully boost the balance sheet if completed. However, weak standalone revenue trends and the recurring losses (even excluding the strike settlement) point to ongoing operational stress. The stock may react positively to the asset monetization, but underlying business weakness remains a concern.